| Product Code: ETC4504943 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Japan's import shipments of unsaturated polyester resins continued to show high concentration with a Herfindahl-Hirschman Index (HHI) remaining very high. The top exporting countries to Japan were Taiwan, South Korea, Singapore, China, and Germany. Despite a modest compound annual growth rate (CAGR) of 2.24% from 2020 to 2024, there was a decline in growth rate from 2023 to 2024 at -8.45%. This indicates a potential shift in market dynamics or challenges faced by the industry. Monitoring these trends will be crucial for stakeholders in the unsaturated polyester resins market.

The Japan Unsaturated Polyester Resins Market is experiencing steady growth driven by diverse end-user industries such as construction, automotive, marine, and electrical. The demand for unsaturated polyester resins in Japan is primarily attributed to their superior properties such as high strength, corrosion resistance, and flexibility. The construction industry is a key driver for the market, with increasing infrastructure development projects fueling the demand for composite materials. The automotive sector also plays a significant role in driving market growth due to the rising adoption of lightweight materials for improved fuel efficiency and sustainability. Additionally, stringent environmental regulations and growing focus on eco-friendly products are expected to further boost the demand for unsaturated polyester resins in Japan. Overall, the market is poised for continuous growth with opportunities for innovation and expansion in various application areas.
The Japan Unsaturated Polyester Resins Market is experiencing steady growth driven by increasing demand from industries such as construction, automotive, and marine. One significant trend is the shift towards environmentally friendly resins, with a focus on sustainable and bio-based materials. This trend is creating opportunities for manufacturers to develop innovative products that align with the growing demand for eco-friendly solutions. Additionally, the construction sector in Japan is witnessing robust growth, leading to higher consumption of unsaturated polyester resins in applications such as composites and coatings. Collaborations between key players in the market to enhance product offerings and expand their presence in untapped regions present further opportunities for growth in the Japan Unsaturated Polyester Resins Market.
In the Japan Unsaturated Polyester Resins Market, some key challenges include intense competition from other resin types like epoxy and polyurethane resins, fluctuating raw material prices affecting production costs, and stringent environmental regulations pushing for sustainable and eco-friendly solutions. Additionally, the market also faces issues related to limited product differentiation, which makes it challenging for manufacturers to stand out in a crowded market. Furthermore, the impact of global economic factors and trade tensions can also pose challenges for the growth of the Japan Unsaturated Polyester Resins Market. Overall, navigating these challenges requires companies to focus on innovation, cost efficiency, and environmental sustainability to remain competitive in the market.
The Japan Unsaturated Polyester Resins market is primarily driven by the growing demand from end-use industries such as construction, automotive, and marine. The construction industry, in particular, is a key driver due to the increasing investments in infrastructure projects and the rising trend towards sustainable construction materials. In the automotive sector, unsaturated polyester resins are extensively used in manufacturing lightweight components, which helps in improving fuel efficiency and reducing emissions. Additionally, the marine industry relies on these resins for their excellent corrosion resistance properties, further fueling market growth. Technological advancements in resin formulations, coupled with the focus on developing bio-based and eco-friendly resins, are also contributing to market expansion in Japan.
In Japan, government policies related to the Unsaturated Polyester Resins Market focus on environmental sustainability and innovation. The Ministry of Economy, Trade and Industry (METI) promotes the use of eco-friendly resins to reduce environmental impact and support the transition to a low-carbon economy. Additionally, the government provides incentives for companies to invest in research and development of advanced resins with improved performance and durability. Regulatory bodies such as the Ministry of Health, Labour and Welfare (MHLW) ensure that resins meet safety standards to protect consumer health. Overall, Japan`s government policies aim to drive growth in the Unsaturated Polyester Resins Market by encouraging the adoption of sustainable practices and fostering innovation in resin production.
The Japan Unsaturated Polyester Resins Market is poised for steady growth in the coming years, driven by increasing demand from various end-use industries such as construction, automotive, and electronics. The market is expected to benefit from technological advancements leading to the development of innovative products with enhanced properties, such as high strength and corrosion resistance. Additionally, the growing emphasis on sustainable and eco-friendly materials is likely to create opportunities for bio-based unsaturated polyester resins in the market. With the government`s focus on infrastructure development and environmental regulations, the Japan Unsaturated Polyester Resins Market is projected to witness sustained growth, attracting investments from key players to expand their product portfolios and cater to evolving customer needs.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Japan Unsaturated Polyester Resins Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan Unsaturated Polyester Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Japan Unsaturated Polyester Resins Market - Industry Life Cycle |
3.4 Japan Unsaturated Polyester Resins Market - Porter's Five Forces |
3.5 Japan Unsaturated Polyester Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Japan Unsaturated Polyester Resins Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Japan Unsaturated Polyester Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in automotive production in Japan, leading to increased demand for unsaturated polyester resins in manufacturing components. |
4.2.2 Rising construction activities and infrastructure development projects in Japan, driving the demand for unsaturated polyester resins in applications like composites and coatings. |
4.2.3 Increasing adoption of unsaturated polyester resins in electrical and electronics industries for applications such as printed circuit boards and insulating materials. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs and profitability of unsaturated polyester resins manufacturers. |
4.3.2 Stringent environmental regulations in Japan regarding emissions and waste disposal, increasing compliance costs for manufacturers. |
5 Japan Unsaturated Polyester Resins Market Trends |
6 Japan Unsaturated Polyester Resins Market, By Types |
6.1 Japan Unsaturated Polyester Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Ortho phthalic, 2021-2031F |
6.1.4 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Isophthalic & DCPD, 2021-2031F |
6.2 Japan Unsaturated Polyester Resins Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.6 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Artificial Stone, 2021-2031F |
6.2.7 Japan Unsaturated Polyester Resins Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Japan Unsaturated Polyester Resins Market Import-Export Trade Statistics |
7.1 Japan Unsaturated Polyester Resins Market Export to Major Countries |
7.2 Japan Unsaturated Polyester Resins Market Imports from Major Countries |
8 Japan Unsaturated Polyester Resins Market Key Performance Indicators |
8.1 Research and development investment in new formulations and applications of unsaturated polyester resins. |
8.2 Adoption rate of sustainable and environmentally friendly production practices within the unsaturated polyester resins industry in Japan. |
8.3 Number of patents filed for innovative uses or manufacturing processes related to unsaturated polyester resins in Japan. |
9 Japan Unsaturated Polyester Resins Market - Opportunity Assessment |
9.1 Japan Unsaturated Polyester Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Japan Unsaturated Polyester Resins Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Japan Unsaturated Polyester Resins Market - Competitive Landscape |
10.1 Japan Unsaturated Polyester Resins Market Revenue Share, By Companies, 2024 |
10.2 Japan Unsaturated Polyester Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |